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Itc on vehicle
sir we have purchases bike for office staff.is this eligible for gst ?
Replies (3)
Quick Summary
No, you can not take ITC on bike..it's blocked u/s 17(5) of CGST Act, 2017
ITC on Motor Vehicles is specifically BLOCKED under Section 17(5) of the CGST Act 2017. So you cannot claim ITC on GST paid on purchase of Motor Bikes for Office Staff.
As per the Provision of Section 17(5) clause (a) of the CGST Act 2017, ITC on Motor Vehicles having approved seating capacity of less than or equal to 13 ( including the Driver ) is not eligible.
As per the Provision of Section 17(5) clause (a) of the CGST Act 2017, ITC on Motor Vehicles having approved seating capacity of less than or equal to 13 ( including the Driver ) is not eligible.
No you are not eligible
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